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OpenAI Cuts Cursor Off from its Models Now That Musk’s SpaceX (SPCX) Owns It
Insider Monkey18d agobearish
OpenAI Cuts Cursor Off from its Models Now That Musk’s SpaceX (SPCX) Owns It

CNBC reported that OpenAI said it will end model access through Cursor on November 12, following Space Exploration Technologies Corp. (NASDAQ:SPCX) $60 billion all-stock acquisition of Cursor’s parent company, Anysphere, which closed on August 14. OpenAI said it “cannot be confident that SpaceX will use our technology within our terms of service, based on our […]

Musk Moves Up SpaceX (SPCX)’s Orbital Data Center Timeline, Again
Insider Monkey19d agoneutral
Musk Moves Up SpaceX (SPCX)’s Orbital Data Center Timeline, Again

Bloomberg reported that Elon Musk said Space Exploration Technologies Corp. (NASDAQ:SPCX) first AI satellites, powered exclusively by NVIDIA Corporation (NASDAQ:NVDA) chips, will launch in the fourth quarter of 2027 and reach “significant scale” in 2028, citing a post on X. Musk wrote “SpaceX, in partnership with Nvidia, has designed a space-optimized Vera Rubin NVL72 system […]

Can Nvidia (NVDA) Prove it Doesn’t Live or Die by a Handful of Hyperscalers?
Insider Monkey19d agoneutral
Can Nvidia (NVDA) Prove it Doesn’t Live or Die by a Handful of Hyperscalers?

NVIDIA Corporation (NASDAQ:NVDA) biggest lingering investor concern was customer concentration, CNBC reported. Nvidia relies on hyperscalers Amazon, Google, and Microsoft, along with major buyers Meta and SpaceX, for an outsized share of revenue, and in May began splitting its data center reporting into “hyperscalers” versus everyone else, a group it calls AI clouds, industrial, and […]

Trump’s Financial Disclosure Reveals a Personal Stake in Musk’s SpaceX (SPCX)
Insider Monkey19d agoneutral
Trump’s Financial Disclosure Reveals a Personal Stake in Musk’s SpaceX (SPCX)

Reuters reported that President Donald Trump bought between $15,001 and $50,000 in Space Exploration Technologies Corp. (NASDAQ:SPCX) shares on June 23, according to a financial disclosure signed August 12 and made public August 22. The purchase, part of more than 1,000 stock trades Trump made that month, came two weeks after SpaceX’s June 12 IPO, […]